In the meantime, JPMorgan Chase & Co. (JPM) is expected to receive an order from regulators to bolster anti-money laundering systems and examine past transactions, the Wall Street Journal reported, citing people familiar with the matter.

Schneiderman said his office has been contacted by lawyers representing homeowners in New York who have been notified by the bank that it's suspending decisions on loan modifications until it receives information from the Federal Emergency Management Agency.